11, RIVER BANK, SPALDING, PE11 3AA - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 RIVER BANK is a very large extended detached house of 151m², built sometime from 2007 onwards. It was last sold for £275,000 in August 2020, which was around 18% above the average August 2020 detached price in the South Holland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

11 RIVER BANK Sold Prices

Land registry data shows three sales for 11 RIVER BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. Two of the three 11 RIVER BANK sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 11 AUG	£275,000	£233,088	18% above HPI
2009 1 MAY	£205,000	£153,476	34% above HPI
2007 16 NOV	£194,545	£198,109	2% below HPI

11 RIVER BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three 11 RIVER BANK sales between November 2007 and August 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2009 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the August 2020 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 11 RIVER BANK?

11 RIVER BANK is 151m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Spalding, based on EPC data. The below chart shows the distribution of detached houses by size in Spalding, and where 11 RIVER BANK lies on this distribution: 84% of detached houses are smaller than 11 RIVER BANK, and 16% of houses are larger. Note that EPC data is not available for all properties in Spalding.

11 RIVER BANK: Plot and Title Map

11 RIVER BANK sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 11 RIVER BANK, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 11 RIVER BANK). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 11 RIVER BANK?

11 RIVER BANK is located in SPALDING, in the PE11 postcode district. The below map shows the position of No. 11 on RIVER BANK.